Revolut has disclosed a social-engineering scam that led to the exposure of customer personal details, despite claims of system security and proactive response, highlighting vulnerabilities in fraud prevention measures. Revolut has disclosed that a social-engineering attack led to the exposure…
Many households are discovering quick wins in their budgets by cancelling forgotten subscriptions, reducing avoidable fees, and making smarter choices in daily spending , all without major sacrifices or new apps. Many households are looking for ways to trim spending…
The Central Bureau of Investigation has launched a probe into a Gadchiroli postal employee accused of misappropriating Rs 13.56 lakh from customer accounts, highlighting a rising pattern of postal fraud across Maharashtra’s smaller branches with weak controls and record-keeping lapses.…
A Mumbai consumer forum has mandated that health insurers cannot refuse claims solely based on waiting-period clauses without evidence that illnesses existed before policy coverage began, in a landmark case involving a ₹5 lakh pancreatitis claim. A Mumbai consumer forum…
As the baby-boom generation ages, more adults are stepping into the role of financial caregiver for parents, prompting a shift in family dynamics and early planning to avoid crises and disputes over assets. As the baby-boom generation grows older, more…
A review of Indian households shows that the final expenses of childbirth often surpass hospital estimates, influenced by insurance coverage, hospital selection, and neonatal care needs, highlighting the complexities faced by parents in managing maternity costs. For families expecting a…
Effective negotiation hinges on thorough preparation, understanding your leverage, and strategic timing, whether tackling bills, debt, or salary discussions. Experts emphasise that knowing your numbers and approaching conversations with clarity can lead to more favourable outcomes. Negotiation is often less…
While holding three credit cards with a Rs 5 lakh limit may seem advantageous, experts highlight that responsible utilisation and timely payments are the key drivers of a strong credit score, not just the number of cards or total credit…
The Indian Cyber Crime Coordination Centre has launched two online mechanisms to help victims recover stolen funds and challenge account freezes, yet issues of accountability and delays persist amid widespread usage across Mumbai and beyond. For cyber-fraud victims in India,…
Financial experts advise ₹1 lakh salary earners to stick to a conservative EMI range of ₹35,000 to ₹40,000 to avoid overextending and ensure financial stability, prompting a shift towards more prudent home loan strategies amid rising borrowing capacities. Buying a…
While virtual card numbers can reduce credential exposure during online transactions, they are primarily a containment tool rather than a comprehensive security solution. Their effectiveness varies depending on issuer features and merchant acceptance. Virtual card numbers are designed to keep…
Experts emphasise the importance of separating personal and business finances, establishing emergency reserves, and reviewing spending habits early in one’s career to secure a more stable financial future. For many people in their earning years, the focus is on advancing…
